Uranium Hunter (URHN.OB) Signs Letter of Intent With Pinewood Resources Ltd
Uranium Hunter Corporation (URHN.OB) announced that the company has signed a letter of intent with Pinewood Resources Ltd earlier this week. This LOI will grant Uranium Hunter a 75% interest in the "Karoo" Project; a project focused on uranium exploration lands located in the Southern regions of Tanzania. Per the terms specified within the letter of intent, the company may be eligible for 75% interest in the property by making a payment of $50,000.00 within 5 days of signing a definitive agreement. If Uranium decides that they would like to pay Pinewood Resources this value, Uranium Hunter will be responsible…